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East Midlands
£300,000
Listed on 15/09/2026
Listed on 15/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This substantial mixed-use property in Shirebrook presents a unique opportunity for both investors and owner-occupiers. While the asking price of £300,000 appears dear when compared to the local average of £191,713, the property offers significant scope for improvement and value creation. With a dated interior and a flexible layout, there is ample potential to modernise the three-bedroom residence above and reconfigure the sizeable commercial space on the ground floor. The good condition of the exterior and garden adds to the overall appeal, providing a solid foundation for renovation.
Despite the limited score due to the lack of usable floor area and high asking price against local values, the mixed-use potential here is substantial. Those looking to invest in a property that can generate income while offering a comfortable living space will find this an intriguing proposition. With renovation costs estimated between £40,000 and £120,000, the project promises to enhance both the residential and commercial aspects, creating a versatile property with lasting value.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Indicative tax based on the asking price and the options you select.
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